1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025

1814 -1820 Sawtelle Boulevard Los Angeles, CA 90025

1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025
1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025 1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025 1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025 1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025 1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025 1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025 1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025 1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Jul 01, 2024

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Highlights

  • See Link for Confidentiality Agreement.
  • Location, Location, Location - The site is strategically positioned at the heart of Japantown, in the prestigious West LA region, on the renowned Sawtelle Boulevard. This optimal locale offers unparalleled access to the vibrant cultural and economic activities of the area.
  • Superior Walkability - With an impressive Walkability score of 94, the site qualifies as a “Walker’s Paradise”. Modern renters place high value on the convenience of being able to commute, run errands, and engage in leisure activities without needing a car - a demand this location meets seamlessly.
  • Rare and unique opportunity to develop on Westside’s landmark street Sawtelle Boulevard.
  • Opportunity to apply for TOC Tier-3 Density. Potential opportunity to construct up to +-57 units.
  • Contact Us - for more information on this extraordinary, once-in-a-generation opportunity to own an extremely rare and sought after prime West Los Angeles site.

Description

Attention all ambitious developers, innovative visionaries, and strategic opportunists! NAI Capital Commercial is excited to present to you an extraordinary, once-in-a-generation opportunity to own an extremely rare and sought after prime West Los Angeles site, located on the renowned Sawtelle Blvd in the heart of Japantown. This site stands as one of the last few undeveloped parcels in this highly coveted area.

Currently, the property is comprised of 3 commercial storefronts, 1 Single Family Residential, and 3 multifamily units. All commercial leases are month-to-month and only one residential unit is occupied. Spanning approximately 88ft wide by 140ft deep, the site offers a generous lot size of approximately 12,320 Sq Ft of LAC2 zoned land. Utilizing bonus density, the site can be developed to approximately ±45 units. Interested buyers to verify all development information and details with the City of Los Angeles.

North of Olympic, South of Santa Monica Boulevard, East Of Barrington Avenue, West of Sepulveda Boulevard.

Building Size: 6283sq ft
Lot Size: 12320.0 acres

Map of 1814 -1820 Sawtelle Boulevard, Los Angeles, CA, 90025

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.